2012-10-27
2012-11-04
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piss-off the fiscal cliff. so we don't have a severe recession but simplify the tax code. fire ben bernanke to get somebody who realizes to cheapen the dollar is not the way to wealth. >> he could force him out. >> harry truman showed you could fire the fed chairman. [laughter] as well as a general. [laughter] lou: none of that has the immediate effect of those who have suffered undr this administration. those who don't have a job and are underemployed givg up then we have a group of ceos speaking up for t multinationals we would like to go to the simpson thing. we want to raise taxes. reject it -- rejected by both republicans and democrats. we hear from business leaders they com up with this. >> how low do the fine balance? i will take that. remove the tax shelter and cut the top rate. >> rahm it -- romney is already proposing nonsense. >> we have a huge tax increase already slowing the economy down. to the clutter the tax code everyone can declare victory like 1986. we took the jump out and got the ratedown. get those down sharply. >> he will be the president. >> romney has alrea

president obama because they're fearful of higher taxes. they're fearful of all those kinds of things. president obama makes the argument that demand, more people working, will create demand and that will create more hiring. so this thing going to be relevant for about ten minutes and after that it's going to devolve into spin for the rest of the weekend. >> which means it will be relevant in a completely different way all the way until sometime tuesday night for sure. ali velshi also going to stick around with us all morning. we've been talking, of course, about jobs, jobs, jobs. as ali said the race there in ohio, virtual dead heat. across the nation, much of the nation as well, president obama, mitt romney, are going to fan out across the battleground states over the next four days. both candidates will spend lots of time in ohio, because as ali pointed out, it's a dead heat. president, three events there. he's going to be talking jobs, and a national public radio poll 57% of those surveyed said economic issues are the most likely to affect their vote. cnn's brienne into keilar is

to nothiprognosticati melber, neera tanden, kate ton dawson. let's start with the tax plan. if there is something i believe mitt romney is invested in doing, it is the tax plan. he claims it is revenue neutral. >> you have to claim certain things. this goes for both sides. there is this thing called business cycle. this is what we study. in a free market economy, recessions and recoveries, upswings and down swings are part and parcel of the world we live in. when you look at how budgets are proposed, off of the congressional budget office projection. they are not that realistic. in 2014, 2015, 2016, they are projected real gdp growth of 4.4%. sounds pretty good. how realistic is it? if you take a look at reality, what's happened since the beginning of the century? gdp has grown at 1.7% and we know we are in a pretty sluggish economy. there is a huge disconnect between what's proposed and what's going on outside this window? >> that's the big deal. the claim is, i'm going to go in and cut taxes. don't worry, cutting taxes is going to be stimulative. we are going to end up with way more jobs and ther

over who wins, the tax policy, all that, is going to delay them." mesirow financial's chief economist diane swonk says "the decline in business investment represents a particular blow as it not only reflects weakness abroad, but also the uncertainty about our own policies. the fiscal cliff needs to be dealt with by whovever wins in a credible and bipartisan way, and asap." with just about one week to go before the election, the candidates will be in wisconsin this week. today, republican mitt romney's campaign has an event in milwaukee. tomorrow, president obama will be in green bay. the volitility index, better known as the vix, may be signaling better days ahead. according to reports, a strategist at jpm morgan believes if the vix remains near current levels this week, it will mark a transition from crisis to normal time. his theory is if the vix stays around 16, the 52-week moving average will fall below the july 2011 level to its lowest point since february 2008. we asked a couple of options traders to weigh in, starting with scott bauer of trading advantage. "yes, i do believe th

of appearances. i'll tell you, the crowd behind me is getting excited, ashleigh, because air force one is taxing over towards us where president obama is going to be coming out shortly and making his remarks. yes, paul ryan has been an asset to governor romney. it's why some are saying the race here has been pretty tight, although there is a small lead, a consistent lead, for president obama. today we saw "wall street journ journal" nbc news poll, three points up the president is here in wisconsin. yesterday there was a poll in milwaukee, a marquette university poll that had the president up by much more, eight points. you talk to the obama campaign, they'll point to that marquette poll and they'll say it's more accurate. it seems likie internal polls ae in between the two. the bottom line, while he has a lead that is significant, you have to pay attention to it, it's not quite comfortable. that's why you're seeing president obama here today. we saw joe biden here last week. but paul ryan was here yesterday. mitt romney will be here tomorrow. bill clinton last night and this morning. there is a

i hear mitt romney talk about his economic agenda, it's all the supply side tax cuts and that will do more harm than good. >> hold on, jared. >> we got to go. much as i would love to hear you debate that, we have to go. jared, you make me feel better. you'll be back. peter, we'll see you around. experts expect the cost of hurricane sandy to top $60 billion when you add in lost business and property damage. it is day four without power for 3.5 million people across parts of long island, new jersey and new york city. residents are facing widespread gas shortages, many waiting in lines for hours, three to five hours to fill the tank or get fuel for generators and many can't fill the tank. even tree companies are putting jobs on hold because even they can't find enough gas to fuel their equipment. frustration is mounting in staten islands where residents say they're being ignored. that's where richard liu has been talking with survivors. why do they feel ignored throughout in staten island? >> reporter: toure, day five since hurricane sandy has hit, and they're asking the

, to tracking sales and expenses, quickbooks can help you manage... every detail of your business. and at tax time, all your records... will be automatically organized and ready to go, saving you time on prep work. quickbooks, guaranteed easy or your money back. learn more and get your free 30-day trial today... at tryquickbooksfree.com. >>> how did "the des moines register" rewrite its endorsement of a obama presidency four years ago into an endorsement of a romney presidency now? by magical thinking. by adopting mitt romney's magical thinking. after saying, quote, the president's best efforts to resuscitate the stumbling economy have fallen short, the editorial then says that the problem with the economy is the consumers have to feel more confident. and without giving a single shred of evidence as to why consumers would feel more confident with a romney presidency, the editorial board simply believes it will happen. that's it. it will happen like magic. consumers must feel more confident about their own economic futures to begin spending on the products and services that power the economy.

, the president has a plan for small business. it's to raise their taxes. i won't raise taxes on small business and i'll cut taxes on middle income americans. [applause] >> the president plans to smother small business with more regulation. you see, regulations are able to be dealt with by large corporations that have dozens of lawyers and they can implement all these big regulatory changes, but small business gets crushed by the regulations. so we're going to go through and strip out those that have been put in during the obama years and put a stop on this regulatory creep that's killing jobs. [appla >> and of course if you really want to help small business, you got to take away the big cloud scaring away job creators and you have to get rid of obama karr and we'll repeal it. now, those are the five things we'll do to get this economy going. but in order for those things to happen, we've got to do something that doesn't happen very often in washington. and that is paul ryan and i are going to have to do what we have done before, which is reach across the aisle. build bridges to people in the

of raising taxes when he was governor of massachusetts. chief white house correspondent ed henry is live in nashua. >> good to see you. republicans think they have got the president on defense. here he is just two weekends before election day and he is in new hampshire. there is only four electoral votes. this is state he carried by double digits in 2008 but the real clear average right now, president is up about 48.3% to 47% for mitt romney. they are fighting for every electoral vote. in fact, mitt romney in couple days, and the president is meeting with teamsters union earlier today trying to to fire up his base. he has a new ad out called remember, trying to call out conservative positions he is trying to moderate him and mask his real views as he presents himself to the american people. it was interesting, the new line of attack at this rally. president accused mitt romney of raising taxes and even through a birder joke. take a listen. >> no higher fees for gas, no higher fees for milk. no higher fees for blind people who need to get a certificate that they were blind. he raised fees

more than that and we would get unemployment down to some acceptable level. >> the tax drop under reagan, which everybody likes to quote, was significantly larger than anything being proposed, including by mitt romney and anything more than we can afford right now. but stay right there, peter. we'll come back to this. >> ali, let me bring in diane swonk, who can take the politics out of this for a moment. we're not going to wake up to the same economic problems on wednesday just because there's a different president, right? it's going to be the same situation wednesday morning as tuesday night. >> absolutely. and i think one of the important issues here is let's keep focus on what's going on here. labor force participation rates, lot of games being played with that. it peaked in 2000 when we had really low unemployment rates and anyone with a pulse -- there's a book written about a nudist that got a job working the midnight shift. i wouldn't want to sit in his seat afterwards. i mean, he worked in the nude. i don't want to vision visualize this. but that was the period. half reduc

.c., suburbs to the huge military presence around norfolk, a lot of government tax dollars flow into the state. but, like a loet of the nation, virginia has experienced huge ethnic shifts. a restaurant owner, an indian immigrant, will vote for obama. >> after this past monday's presidential debate i turned off the tv and i did not list en to anything. and then it became very clear, you know, that overall we are better off now than we were in 2008 at this time. >> one of the places that turned virginia from a solidly red state into what some call a purple state is henrico county with richmond at its center, where republicans used to call an easy win. that all changed in 2008. the question is, his that chang permanent? richmond has a lot of african-american and democratic leaning population. the suburbs mostly white and republican. >> in the polling we've seen that almost a third of voters are considering themselves independent. in some polls we actually see that there are more independent than democrats or republicans. >> places like it are a huge target of opportunity for the candidates. voter

are going to have to give up something, whetr it's some tax break, whether it's spending on certain things that they love, when is the day going to arrive that people are willing to d that? maybe it is this year, i thought it was two years ago, that there would be something different and frankly, even with a lot of the the tea party candidates moving in, we dn't see that much movement when trying to fix our financial situation in d.c. >> ben stein? >> well, because we-- people aren't willi to raise taxes there's not enough to cut, there's a discretionary funding. and a huge majority of these expenditures are fixed by law or flew defense we absolutely need. i think a bigger question, why are these foreigners especially very clever, extremely well-versed foreigners willing to buy some of our debt and must see some value that maybe we're too modest and self-efacing to see ourselves. obviously, this country has tremendous value to the rest of the world. >> neil: you're right. thmodesty is what i've always liked about myself. (laughter) >> you know, adam, you know why i think they're investing

of the opposition group. >>> in south carolina, income tax returns were targeted in the largest cyber attack against the state tax department in american history. more than three million social security numbers were compromised along with more than a million businesses and personal credit and debit cards. >>> the new world series of poker champion is a 24-year-old recovering drug addict and college dropout. greg mercen is from maryland. he won almost 399 hands of texas hold em collecting more than $8.5 million and that piece of bling, a gold championship bracelet worth about $150,000. must be nice. >>> now here's a look at how wall street begins this thursday. the dow closed at 13,096. the s&p 500 was up a fraction. the nasdaq lost ten. taking a look at overseas trading this morning, nikkei gained 18 points, hong kong, the hang seng climbed 180. >>> markets ended october lower but there is good news. they're all way up for 2012. the dow slid 2.5% last month. it is more than 7% this year up. the broader s&p 500 down 2% in october. added, 12.5% in the last ten months. and the nasdaq, the biggest loser

an executive order to waive the tax and registration requirements on fuel tankers. susan canne candioti. it's incredible when we hear the stories now. you have lines stretching for miles at some of these stations. you have some folks that have just absolutely have h it, and now there's a story about a driver in new york arrested after allegedly pulling out a gun on another driver. tell us what happened. >> reporter: suzanne, it's remarkable. that's right. that happened in queens, new york. police arrested a man who allegedly cut line in the gas line and pulled a gun on a customer who challenged him about cutting into the line. that's when police moved in and arrested this guy. you have to imagine there are occasional dust-ups that we have seen, short tempers in these very long lines. both yesterday and today. people get frustrated, but overall, i have noticed the people that we have seen anyway being remarkably cool. we're talking about people who are stuck in their car for four hours at a time. sometimes the lines going back two miles. we just arrived on the scene of another location. a ga

're afraid to go after medicare, medicaid and social security and defense spending and reform taxes to bring more revenue to the federal government, you have to rely on the 11%, 12% of the federal government that is discretionary. so what do you end up doing? since you're not going to tell the truth about having to cut medicare, medicaid, social security, defense spending, you know, reforming the tax code to bring in more revenue to the federal government, you've got to go after fema, which actually fema's not driving us into debt, look at the numbers. you've got to go after big bird, big bird's not driving us into debt, go after -- >> not going after the firefighters -- >> you've got to go where the money is. you rob the banks because that's where the money is. if you want to save america, you have to go where the money is. that's health care, that's medicare, medicaid, social security. you've got to reform them in a way. and i'm not saying voucher systems, this is about math. you've got to reform them in a way that would save those systems, save this country. and then you got to go after d

-called fiscal cliff that would trigger tax hikes and spending cuts. two short months from now. >>> so, also new this morning, we have president obama picking up another endorsement, though not unexpected. this one coming from the chicago tribune. mitt romney and paul ryan made a joint appearance last night in the battleground state of ohio. >> not just picking a president for four years, we're picking what kind of country we're going to be. what kind of people we're going to be. what kind of country we're going to give to our kids. >> we want real change. we want big change. and paul ryan and i are going to give it to the people of america with your help. >> on the campaign trail today, mitt romney is holding three events in florida, with senator marco rubio, paul ryan's bus tour is crisscrossing ohio. president obama visits new hampshire this afternoon. and vice president biden will attend a rally in lynchburg, virginia. let's get right to it. nbc's mike viqueira is joining us from the white house. good saturday morning to you. >> hi, alex. >> first before we get to this president's trip north

's the behar bunch. >> only on current tv. (vo) cenk uygur is many things. >>oh really? >>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! ♪ >> announcer: this is the "bill press show." ♪ >> bill: all right. let's get to the song here. ♪ don't no why ♪ ♪ there's no sun up in the sky ♪ ♪ stormy weather ♪ >> bill: a little slow getting to the punch line there. but headline in the new york sometimes, northeast braces for deadly surge and lashing wind. where it is? how bad it is. ray stagich joining us again this morning, meteorologist for the weather channel. hey, ray good to have you back. we were talking just an hour ago, so just update us for those who might not have been here in the first hour sandy is -- >> sandy is an 85 mile an hour hurricane, that's from up a 75 mile an hour storm. pressure down to 946 mill bars and getting into that un

and is mostly closed today. or, grover norquist, the right wing anti-tax leader using hurricane sandy to attack the president. his group is distributing a flyer with a picture of the president and a storm and the caption, we've seen storms in virginia, but none like this. saying the president hasn't done enough to deal with the national debt. so even as we deal with this bipartisan federal government state-level kind of unity, we're seeing those that are using this as an opportunity to step over the debris and the suffering people and continue taking shots at the president. in many cases, unfounded shots at that, victoria. >> one would think that if there's one time that we can all come together is a natural disaster like this but the president going forward is showing his multidimensionality. mitt romney has been campaigning that he's a businessman and business leader but businesses are all about the bottom line and profit. while in government you have to take concern for the budget, you also need to have a broader base concern for the humanity of those people that elected you and not just tho

business. and at tax time, all your records... will be automatically organized and ready to go, saving you time on prep work. quickbooks, guaranteed easy or your money back. learn more and get your free 30-day trial today... at tryquickbooksfree.com. when you lost the thing you can't believe you lost.. when what you just bought, just broke. or when you have a little trouble a long way from home... as an american express cardmember you can expect some help. but what you might not expect, is you can get all this with a prepaid card. spends like cash. feels like membership. >>> well, it has been a tale of two cities as donny's been talking about this morning here in manhattan. you've had electricity north of about 39th street, call it. south, none at all. it's a completely different story. if you live uptown, you don't even recognize what's happening just a few blocks south of you. last night jon stewart and "the daily show" with their take on that divide. >> millions tonight still without power and water. thousands displaced from their homes. here in manhattan, the power is still out downtow

tax return. >> stephanie: right. >> caller: and the reasoning that bob king investigated in this is because of the ads that mitt romney is running. he said they are hurting the brand image of these companies and usually auto makers and whatever, they refrain from anything political. >> stephanie: that's right. >> caller: but because of this going on, they threw their hat in the ring, so all he is doing is hurting himself. >> stephanie: yeah, and this charity loophole -- i'm not sure which is the bigger story, liz. have you heard that one? >> >> caller: no, i haven't. >> stephanie: this loophole that he's using. remember he said oh what he gave to charity -- anyway. i'll find the details. i'm just talking in circles now -- >> you are drunk. >> and 09 was also the year that there was amnesty for people with swiss bank accounts. >> stephanie: and george bush is speaking in the kaymen islands this weekend. where bill clinton can be on the campaign trial for president obama -- [♪ "world news tonight" theme ♪] >> stephanie: the president said i know what c

there is a big difference. new york i think highest gas taxes. >> 69 cents a gallon and around 65 in connecticut. 69 cents that the state and feed a on here in new york. >> exactly. >> 65 in connecticut. >> jerusalem is about 33. people go fill up in jersey. you know what they're doing right now. right when you get in the city in jersey city. gas protest tax obama stunt. if you get there at 7:30 in the morning at the exxon station, you pay 1.84 a gallon, which is the price much gas per gallon when he filled. >> why are they doing that? >> pay attention to the fact that gas prices have doubled under the administration. >> the obama supporters that you talked to, did they -- who do they hold accountable for the skyrocketing gas prices. opec, congress, rich bankers, the oil companies, ceos. a lot of the other people blame everybody. i think what the guy hit it right on the head. he said a lot of people in congress. they don't drive cars. they get picked up in town cars. they don't have to whip out their credit card and see the sticker shock there hasn't been outcry from either party. the republican

. but there have been tax increases. what i would argue is that government spending is the austerity whereby limited capital is wasted by politicians rather than reaching the private sector. so the problem is we haven't had enough of a reduction of the government footprint. and it means that president obama has his chances are much reduced going into -- on to november 6th. if he had sat back and done nothing, let the economy heal itself which is all a recession is, he would be presiding over a big economic boom right now. he is to blame for his own problems. >> john tamny you are the editor of real clear markets.com. thanks for giving us insight into all of this. >> thank you. >> it could come down to the swing states. what are people in ohio saying about. this we will will ask the former ohio secretary of state ken blackwell. a so-called black sheep of the family comes out of his comfort zone to discover his manhood through a gift given by his father. he shares what it means to be a man in america next. clayton, are you listening? [ laughter ] so anyway, i've been to a lot of places. you kn

's rule. >>> and former italian president berlusconi has been sentenced to four years in prison for tax fraud, although he's unlikely to serve a day behind bars. he called it a political sentence. he's on trial for paying for sex, allegedly, with an underaged prostitute. >>> and senate majority leader, harry reid, is in good condition after a car accident in las vegas that happened on friday. reid, the nevada democrat, was released from the hospital with rib and hip contusions. six cars were involved in the chain reaction crash, including four from his caravan. reid was not driving. >>> and casey anthony's lawyers are asking for a venue change for upcoming civil defamation trial. they argue that anthony would not get a fair trial because of pretrial publicity. anthony was acquitted in the murder of her daughter, caylee. >>> and remarkable footage from felix baumgartner's space dive. the cameras on his suit as he plunged to the ground, becoming the first person to break the sound barrier. you see him spinning violently, when he appeared to lose control. it's a little-known fact, he's the

to ask the wealthiest americans to go back to the tax rates they paid when bill clinton was in office. because as long as i'm president, i will never turn medicare into a voucher just to pay for another millionaire's tax cuts. i will never allow this nation to be plunged into another battle over health care reform just so insurance companies can jump back into the driver's seat. i will never allow politicians in washington to control health care choices that women should be making for themselves. so, wisconsin, we know what change is. we know what the future requires. we don't need a big government agenda or a small government agenda. we need a middle class agenda that rewards hard work and responsibility. we don't need a partisan agenda. we need a commonsense agenda that says when we educate a poor child, we'll all be better off. that says when we fund the research of a young scientist, her new discovery will benefit every american. we need a vision that says we don't just look out for ourselves. we look out for one another. we look out for future generations, and we meet those oblig

to pay taxes. i'm sorry. i'm being told that's not accurate. >> that's not accurate. number five. >> single and looking to mingle? find that special someone on early voting line. >> yeah, that's right. number four. >> of course, there's the open bar. >> that's right. the open bar. number three. >> not exercising your right to vote is malarky. it's literally malarky. >> okay. whatever you say. number two. >> early voters will receive a $5 million donation from donald trump. >> wow. wow. now we're talking. and the number one good thing about voting early, ladies and gentlemen. >> honestly, don't you want this election over with already? >> yes, we do. >> four more days. >>> still ahead on "way too early," why are you awake? your tweets, texts, and e-mails. "morning joe" just minutes away. i love how clean and healthy my mouth is right now. i wish i could keep it this way. [ male announcer ] now you can. with the crest pro-health clinical line. used together, they help keep your teeth 97% as clean as a dental cleaning. the toothpaste actually reduces plaque. and the rinse reaches al

someone in the early voting. if you vote early, you don't have to pay taxes. i'm sorry. i'm told that's not accurate. don't you want this election over with already? >> in four days, it will be election night in america. cnn coverage begins at 6:00 p.m. eastern time. >> eight minutes past the hour. the destruction left behind superstorm sandy. gasoline is in short supply. it is testing patience and fraying a lot of nerves. you are watching "early start." ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is where sophisticated styling begins. and where it ends? that's up to you. it's here -- the greatest malibu ever. ♪ ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. the whee

is is that there's a forcing mechanism. the bush tax cuts end at the end of the year. we know that we've got the sequester looming that's taking a machete to something as opposed to a scalpel. and after the election, i think that both democrats and republicans have to step back and say, you know what? this is something that the country wants to solve. if i've won, then i believe that's a mandate for doing it in a balanced way. we've already made a tril dolli dollars worth of cuts. we can make cuts. look at how to deal with health care cots under medicare and medicare in a speeerious way, b we're going to also need revenue. we kind of settle on the big question, how much government are we going to have, and how are we going to pay for it, then a lot of the other stuff falls into place. >> can you get medicare done? >> i think we can. >> because republicans demagogue it. democrats demagogue it. everybody's demagogued it through the years. can you go to the republicans and say, guys, we've got to do this together. >> well, here's what we can do. look, i'm on record, i think turning it into a vo

the only piece of his plan that is real is this $5 trillion tax cut. $2 trillion in extra spending for the pentagon. no plan to pay for, it and deregulate wall street. this is what's going to move us forward, and that's not going to move us forward. >> i asked you this because in general closing statements, as you know, tend to turn back to the positive side and there is an argument that a candidate still is pounding his adversary at this point is worried. >> well, candy, if you have been traveling with governor romney, he is pounding us pretty hard as well because this is a close election. it's a choice. there is no doubt that what americans have in front of them is a choice between policies that will, you know, emphasize education, research and development, clean energy technology, manufacturing and the kinds of things that will grow this economy, create good jobs, and give people the training and education they need to fill them. that's the president's plan. governor romney's plan is to go backwards to the trickle down theory of the past. that is a choice people face. we're goin

's spending so much more militarily and not taxing rich folks. >> absolutely. >> he's telling them that and saying he has no plans to overturn roe v. wade on the same time that it's on paper and ryan certainly -- a choice of a vice presidential candidate certainly says it. this is the most right wing in his position whether he believes it or not, i don't know. but also the least honest. he is the least honest mosts plastic candidate i have seen in my lifetime. >> wow. gloria steinem, it was really great to have you on this show tonight and thank you so much for your time and your service. >> thank you. >>> coming up, the right wing attacks the hero in a jealous rage. they can't handle chris christie praising president obama and you won't believe what they are saying about him. >>> plus, the investigation into the romney campaign training poll watchers to mislead. we're learning it's much bigger than we ever could have imagined. the new video is out. stay with us. new trident layers juicy berry + tangy tangerine is a thrilling, dual-flavored ride to mouth fun-town. but it's not like

voted early because he's a poll clerk and can't vote on election day. his big issues, the economy, taxes and education and this is mitt romney voter deeni smith who gave us a picture of her granddaughter. she said she voted early because she wanted to avoid the long lines. her number one issue, the economy. >> i got to tell you, i love these. send us your votergraph and be a part of our show. we love having you. >> faith, family and the presidential election, both campaigns try to get religion in one of the final battleground states. we will have a live report from the ground coming up next. you're watching "early start." you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. who have used androgel 1%, there's big news. presenting androgel 1.

kegs his family and friends sent his cheap versions of tax books printed overseas which he sold to people in the united states at big discounts. the publisher sued. now some say the outcome of this case could have a big impact on the economy. >> reporter: it's a case that could cause trouble for anyone who ever thought about selling an old iphone or ipad. donating clothes to charity or even unloading junk at a yard sale. the issue about to be argued before the supreme court is whether the original copyright holder on u.s. products manufactured or purchased in other countries can control your ability to resell the product once you buy it. davis resells old products at this ebay consignment store. >> how much of that stuff is foreign manufacturers? >> i probably say 85%, 95%. >> he fears the case could put him out of business. >> i think it's ridiculous. i have known about it because it could affect my business so horribly, but i could kind of pushed it back because i'm, like, how could this possibly happen? the reprecussions are rid ebbing husband. >> libraries are worried. andre

made everyone forget about his secret tax returns. the bad news for mitt romney is the massive storm has made everyone forget about mitt romney. >> on the ground in the middle of the devastation, president obama will tour new jersey. >> the october surprise, bipartisanship. >> governor chris christie -- >> i cannot thank the president enough. >> -- and president obama -- >> we will not quit until this is done. >> together surveying the damage. >> a big storm requires some big government. >> the federal government -- >> it seems like common sense. >> -- will not quit until this is done. >> is there any possibility that governor romney may go to new jersey? >> there is no role for a challenger. >> i have no idea, nor am i the least bit concerned or interested. >> what does a challenger do in a major disaster? >> governor romney, he's back on the trail. >> we come together at times like this. >> back on the trail in florida. >> we love all of our fellow citizens. >> the question that's dogged him -- >> romney's position on fema. >> -- was about fema. >> fema. >> fema. >> fema. >> take s

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important than who gets an extension of the bush era tax cuts. according to the poll, neither candidate has really said enough about the real cost of obama care. plus the credit crunch for small business is another big worry for owners. the only way to hire and invest is typically through loans from banks. small biz loans only increased short of just about 7 billion bucks. perhaps the more important bottom line but the potential bottom line. the october survey shows they are a lit less confident about the forays the election nears and in last month's is survey it seems that would be president romney to them. two thirds say they expect to vote for the governor as opposed to 20% who will check the box next to president obama's same but more than half expect the president to be reelected. shannon, back to you. >> shannon: thank you so much. >> thank you. >> shannon: we asked and you answered. you you are really fired up out there. your responses from twitter, next. [ male announcer ] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multi-vi

broke into state computers in south carolina, compromising some 3.6 million tax returns, including millions of social security numbers and 387,000 credit and debit card numbers. state officials say, like most other government agencies across the country, south carolina never encrypted that data to protect it from hackers because it's such an expensive and lengthy process. >>> and this morning another big bank could be in big trouble, this time for allegedly manipulating the price of electricity in california. regulators are threatening to fine barclays $470 million for allegedly gaming the market to lower prices just so it could make bigger profits later. the bank denies the scheme. >>> an unusual sight to bring you along the mexico/arizona border. instead of digging a tunnel, smugglers tried to build makeshift ramp to try to drive over the border fence. as you can see, they came up just a bit short. they did manage to run off, but they left their jeep teetering some 14 feet in the air. >> a balancing act. >> that is some balance there. >>> hey, sam, how about some national weather

3.6 million tax returns, including millions of social security numbers and 387,000 credit and debit card numbers. state officials say, like most other government agencies across the country, south carolina never encrypted that data to protect it from hackers because it's such an expensive and lengthy process. >>> and this morning another big bank to be in big trouble, for allegedly manipulating the price of electricity in california. regulators are threatening to fine barclays $470 million for gaming the markets for lower prices just so it can make bigger profits later. the bank denies the scheme. >>> an unusual sight to bring you along the mexico/arizona border. smugglers made a makeshift ramp to drive over the border. they abandoned the jeep some 14 feet in the air. >>> sam, how about national weather? >> as we do that, i want to thank wabc for giving us the flight yesterday. they're always in the air, by the way, and the best in the business. let me show you what's going on with this cold air that drops behind the storm. wait until you see these temperatures. it's what folks with

for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. stay top of mind with customers? from deals that bring them in with an offer... to social media promotions that turn fans into customers... to events that engage and create buzz... to e-mails that keep loyal customers coming back, our easy-to-use tools will keep you in front of your customers. see what's right for you at constantcontact.com/try. >>> i' been here for a long time and this storm is scaring me a little bit. >> water, toilet paper, paper plates, paper cups, flashlights. >> we are nervous. we've floated up with water, batteries, masking tape, duct tape. >> preparation, whatever we can do to minimize any damage to homes and the city in general. >> nervous. i'm very nervous. but i think i'm in gad hands here. i think i'm safe. >> hurrican

with apparently americans for tax reform, that tried to politicize the storm. so the outside groups and the outside money, you're going to see an uptick in dirty tricks in part because it is dirty money that is flowing through the election system. the candidates may try to stay out of the fray, but the outside groups will be more than willing to take off the gloves and fight hard because this is a war of attrition now, this fight is so close that it comes down to every vote. it is a game of inches. >> with the close fight, it has been days since we have looked at polls. so in the name of getting our bearings here, we have a poll today, a three-swing state, this is in new york times, cbs news an quinnipiac poll. florida, 48-47 for obama. ohio, 50-45 for obama. and finally virginia, 49-47 for obama. these three states very, very close. looking at the numbers, what do they tell you? >> reporter: they tell me, brooke, they're fascinating, in particular florida and virginia. these are the big three swing states. that's what we have been going through on the battleground bus tour. florida

portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >>> welcome back, everybody. this just in to cnn. there are reports that former penn state president graham spanier will be charged in connection with the jerry sandusky case. tim curley, and gary schultz also could face more charges. there will be a news conference with the attorney general and pennsylvania state police commissioner. i guess that news conference is happening at noon today. just a couple of minutes left for our end point this morning. that's kind of a shocker. although, many people talked about that happening. that's really interesting, i think. >> they did. graham spanier is a major public figure in public education, facing public charges. >> who wants to tackle end point? >> november 1st. we should have a couple of predictions here, right? ben

for morale. >> while we help people, still help the companies that need business, still need a tax base so we have the resources to help people, and we give people something to cheer about and what's been a very dismal week. >> liz kruger's district on the east side of manhattan was one of the hardest hit by sandy. and she's not happy. she's posting this on twitter. it says many elderly and disabled people are trapped with no food, water, and electricity. the race should be moved to focus on recovery. well, senator liz kruger joins me now. and senator, thank you, first of all, how are you doing? >> i'm doing fine, thank you. i just want to slightly edit, my district, about half of it is in the dark, half of it is fine. many other areas of the city are even harder hit, but i feel like i'm speaking for all of us when i say we need all our police, all our emergency responders, all our ambulances, all our firefighters, all our structural repair people focused on those areas most in need. central park is in my district, i love the park. there is no emergency to fix the park, which is where they ar

. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >>> just a few minutes left, as always we wrap it up with best advice. >> you know, we hear from dawson's creek actor james van der beek. >> best advice i've ever received is don't ever be afraid to ask for help. in fact, ask for help even if it makes you uncomfortable to ask for help. by pretending that you know everything, you're closing yourself off to the expertise and years of experience of all the people around you. and i think it's so natural to try to make it seem like you know what you're doing, and there's something to be said for swagger, for sure. but it took me awhile to realize people who ask for help get really, really good advice. >> and i have a big tree in my backyard. i was wondering if you guys

week, ford said they expected to beat that. 40 cents per share, 2.2 billion pre-tax. couple numbers, revenue 30.2 billion dollars a hair under what the street was expecting at $30.9 billion. the strength for ford and why they finished better than expected north america. you look at north america $2.3 billion is what ford earned in north america in the third quarter, profit margin highest of any quarter in the company's history in north america, 12% overall profit margin at 6.3%. coming up on "power lunch" we'll talk with cfo bob shanks about the impact this storm has had on the dealerships and the auto industry in the new york area. >> they beat in the earnings by ten cents, higher than expected, the revenue light. is it all about the profit margins in north america, that's where they made up that ground? >> north america is what really drove it, becky, and they had a strong finish to the quarter. i asked what are you seeing with the strength in north america? $300 million more in volume, $400 million more in terms of pricing and cost contributions including $400 million from hedgin

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